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(b) What is the monthly rate of depreciation? 1.7% (c) What is the quarterly rate of deprciation? 5.1% You invest $6,400 at a rate of

(b) What is the monthly rate of depreciation? 1.7% (c) What is the quarterly rate of deprciation? 5.1% You invest $6,400 at a rate of 3.6%. What is the balance after 5 years if the interest is compounded

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